Securities Code: 002323 Securities Abbreviation: *ST Yabao Announcement No.: 2026-022
Shandong Yabao Technology Co., Ltd. Announcement on Abnormal Fluctuations in Stock Trading
The company and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, and there is no false record, misleading statement, or major omission.
I. Introduction to Abnormal Stock Trading Fluctuations
Shandong Yabao Technology Co., Ltd. (Securities Name: *ST Yabao, Securities Code: 002323) experienced abnormal stock trading fluctuations. The ratio of the average daily turnover rate over two consecutive trading days (May 12, 2026, and May 13, 2026) to the average daily turnover rate of the previous five trading days reached 30 times, with a cumulative turnover rate of 20%. According to the relevant regulations of the "Trading Rules of Shenzhen Stock Exchange," this constitutes abnormal stock trading fluctuations.
II. Explanation of Investigation and Verification
Regarding the abnormal fluctuations in the company's stock trading, the company has investigated relevant matters and inquired with the company's controlling shareholder. The relevant matters are hereby explained as follows:
- Upon verification, the information previously disclosed by the company does not require correction or supplementation.
- Upon verification, the company has not found any undisclosed material information recently reported by public media that could or has had a significant impact on the company's stock trading price.
- Upon verification, there have been no significant changes in the company's operating conditions or internal and external operating environment.
- The company and its controlling shareholder have no major undisclosed matters concerning the company.
- Upon inquiry, the company's controlling shareholder and actual controller did not buy or sell company shares during the period of abnormal stock trading of the company.
- Upon self-inspection, the company has not violated any provisions regarding fair disclosure of information.